The combined entity is expected to have a global distribution network covering 40+ major retailers and 50,000+ retail outlets, including 14 major U.S. retailers like Walmart, T.J. Maxx, Kroger, Dollar General and Rite Aid across 21,000+ retail outlets. Gov. MVP Group International, Inc. is a global leader in Home Fragrance with consolidated global revenue at $228 MM. The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in. If you have any questions or inquiries, or would like to speak directly with one of our customer service representatives, we invite you to contact us at sales@mvpgroupcorp.com or Toll Free on 1-888-275-4538, MVP Group Corp. All Rights Reserved. Stockholders will also be able to obtain copies of the preliminary proxy statement, the definitive proxy statement, and other relevant materials filed with the SEC that will be incorporated by reference therein, without charge, once available, at the SECs website atwww.sec.govor by emailingIR@globalconsumercorp.com. 314 Kennedy Ave. Calvert City, KY 42029. We also use third-party cookies that help us analyze and understand how you use this website. Additional information regarding the interests of such participants will be contained in the proxy statement for the proposed business combination when available. In 1973, the companion company called PartyLite was formed to empower women who aspired to earn their own money. Reviews from MVP Candle Factory employees in Mayfield, KY about Job Security & Advancement Find jobs. The ultimate gift option, Colonial Candle taper candles are crafted with premium quality and feature aesthetically appealing designs that amp up the look and feel of any space. . The companys chief executive officer, Troy Propes, told Fox News on Sunday that workers were told to shelter inside the factorys bathrooms, which had window-less concrete walls and a steel roof. He started his business, originally named Emery Lard Oil and Candle Company, in Cincinnati, Ohio. It is the world's largest manufacturer of private label scented candles with additional presence in contract manufacturing and also owns premium branded candles. The plant expansion will include new production equipment and product lines and an additional 100,000 plus square feet of distribution center space. Global Consumer Acquisition Corp. A collection of candles that are perfect for weddings, restaurants and any occasion you call special. -Olde South Wedding Candles All rights reserved. MVP Group International is a family owned manufacturer of candles in Western Kentucky. Andy Beshear called it miraculous that more people weren't found dead amidthe smashed and splintered remains of the factory at 112 Industrial Drive -- wreckage he described as nothing he'd ever seen. The companys production and distribution facility in Elkin currently employs 104 people.The company also plans to invest $10.6 million over the next three years in Elkin. It's pretty awful to witness. "All you could hear was screams from people," Logue told a Courier Journal reporter at the site in Mayfield Saturday afternoon as she came back to see if she can salvage anything, as she said she lost her debit cards, Social Security card and IDs in her car. See the latest on spending and attack ads in the KY governors race. According to Parsons-Perez, inmates from the Graves County Jail were working at the Mayfield Consumer Products candle factory when the building collapsed. A Graves County Jail spokesperson confirmed to WFPL Saturday evening that seven inmates from the jail were working at the candle factory, and they're all accounted for and alive. The scary view from above: See drone photos, video of tornado damage in Mayfield, Biden, after declaring emergency for tornado damage, says hell visit Kentucky, Want to help Kentucky tornado & storm victims? One major company that carries candles made from Mayfield Consumer Products is Bath and Body Works, the company confirmed to The Courier Journal Sunday morning. MVP focuses on producing quality candles for popular brand name companies, while striving to create an. In 2008, citing a weak economy and flagging post-Christmas demand, Mayfield Consumer Products laid off 91 workers at the Mayfield candle factory at the time, 42 percent of its total workforce. Mayfield is on the western edge of Kentucky. Global Consumer Acquisition (GASQ) intends to merge with GP Global and Luminex Home Dcor and Fragrance. googletag.pubads().enableSingleRequest(); 84% of retail investor accounts lose money when trading CFDs with this provider. These statements are based on various assumptions and are subject to a number of risks and uncertainties, including, without limitation (1) the inability of the parties to successfully or timely consummate the Luminex stock purchase agreement and the GP Global stock purchase agreement, including the risk that any required regulatory approvals (including approval from antitrust regulators) are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect GACQ or the expected benefits of the Luminex stock acquisition and the GP Global stock acquisition (collectively, the Stock Acquisitions), if not obtained; (2) the failure to realize the anticipated benefits of the Stock Acquisitions; (3) matters discovered by the parties as they complete their respective due diligence investigation of the other parties; (4) the ability of GACQ prior to the Stock Acquisitions, and GACQ following the Stock Acquisitions, to maintain the listing of GACQs shares on Nasdaq; (5) costs related to the Stock Acquisitions; (6) the failure to satisfy the conditions to the consummation of each of the Stock Acquisitions, including the approval of the Luminex stock purchase agreement and the GP Global stock purchase agreement by the shareholders of GACQ and the receipt of a fairness opinion with respect to the GP Global stock acquisition; (7) the risk that the Stock Acquisitions may not be completed by the stated deadlines and the potential failure to obtain an extension of the stated deadlines; (8) the inability to complete a PIPE transaction; (9) the outcome of any legal proceedings that may be instituted against GACQ, Luminex or GP Global related to the Stock Acquisitions; (10) the attraction and retention of qualified directors, officers, employees and key personnel following the Stock Acquisitions, GACQs ability following the Stock Acquisitions to compete effectively in a highly competitive market, the ability to protect and enhance Luminexs and GP Globals corporate reputation and brands; (11) the impact from future regulatory, judicial, and legislative changes in Luminexs and GP Globals industry; (12) the future financial performance of GACQ following the Stock Acquisitions, including the uncertain effects of the COVID-19 pandemic; (13) the ability of GACQ to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; (14) the risk that the Stock Acquisitions disrupt current plans and operations of Luminex and GP Global as a result of the announcement and consummation of the Stock Acquisitions; (15) the possibility that Luminex or GP Global may be adversely affected by other economic, business, regulatory, and/or competitive factors; (16) the evolution of the markets in which Luminex and GP Global compete, including ecommerce; (17) the ability of Luminex and GP Global to anticipate and respond to changing consumer preferences and merchandise trends; (18) the ability of Luminex and GP Global to implement their existing strategic initiatives and continue to innovate their existing products; (19) the ability of Luminex and GP Global to defend their intellectual property; (20) the risk that Luminex and GP Global may not be able to execute their growth strategies and the timing of expected business milestones; (21) the risk that Luminex and GP Global may not be able to recognize revenue for their products or secure additional contracts that generate revenue; (22) Luminexs and GP Globals performance, capabilities, strategy, and outlook; and (23) other risks and uncertainties indicated from time to time in the final prospectus of GACQ for its initial public offering and the proxy statement relating to the proposed business combination, including those under Risk Factors therein, and in GACQs other filings with the SEC. Contact Ben Tobin at bjtobin@gannett.comand502-377-5675 or follow on Twitter @Ben__Tobin. It was renamed Candle-lite and manufacturing was relocated to Leesburg, Ohio, where the company began experimenting with adding scents to candles, a trend that would rise in popularity among consumers in the 1980s. KPPB Law is serving as legal counsel for GP Global. Site by Crank Studio. This is a manufacturing facility. var postSlot1 = googletag.defineSlot("13051489/GiftsandDec", [1, 1], "div-gpt-ad-singpost-9997770808178-1").addService(googletag.pubads()).setTargeting("SCmodule",133948); It's cars from the parking lot that is on top of it,"Beshear said during a press conference. A complete line of odor eliminating candle and home scent products. Primacy Industries has recently received a $41 million investment from an affiliate of Bain in India. -Green Matters Cleaning with a Conscience(TM) The material provided on this website is for information purposes only and should not be understood as an investment advice. The manufacturing operations were also combined. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Multiple fatalities in Kentucky after tornado outbreak, Video of large Western Kentucky tornado near Sacramento, Slideshow: Remains of businesses, homes after tornado devastates Bowling Green & Mayfield, Tornado destroys planes and hangars at Danville-Boyle County Airport, Aerial video: Mayfield devastated by tornado, Lexington Fire Department sending collapse specialists to tornado ravaged Western KY. Our hearts are broken. McConnell, Paul back Beshears request for federal storm help. 1031 LEGRAND BLVD CHARLESTON, SC 29492 MVP Group's headquarters, along with the Propes family . MVP Group recognizes the necessity and urgency for after-sale service by establishing long lasting and dedicated service agent partnerships throughout North America. 12 verified customers. The newly formed company intends to earmark the cash for funding growth. "We've had a miracle situation," said Ferguson, who is the CEO of a Washington, D.C.-based consulting group. Natural cleaning products for your home. It's Mayfield Consumer Products on the town's west edge near Interstate 69. Jack Harlow name-drops Beshear. When asked what the company planned to do with the increased capacity, Troy Propes, president of MVP Group International, told Gifts & Decorative Accessories, "Our core competency is candles. They were there (and) they were helping us.". Consumer Products (MCP) in Mayfield, KY In 1857, Emery accidentally fell through a hatchway at his factory and died, and his son, Thomas J Emery Jr, took over the company. We want to see you succeed - Contact us for any questions or concerns! Learn How to Make Candles & Soaps. Global Consumer Acquisition Corp. To Become a Public Company Listed on NASDAQ Under the Name Ascense Brands Inc. Marietta, GA, Dec. 13, 2021 (GLOBE NEWSWIRE) -- viaNewMediaWire --Global Consumer Acquisition Corp. (GACQ) (NASDAQ: GACQ, GACQU, GACQW), a publicly-traded special purpose acquisition company, today announced that it has entered into business combination agreements with GP Global Limited (GP Global) and Luminex Home Decor & Fragrance Holding Corporation (Luminex), industry leaders in branded, licensed and private label solutions in the Air Care and Personal Care sectors. Company having money issues and therefore cutting back employment. Here are their names, Mayfield candle factory tornado survivors sue company, allege 'flagrant indifference', Warren County Public Schools cancel classes Monday and Tuesday following Kentucky tornado, Occupational Safety and Health Administration's website, statement on the company's website Saturday evening, Your California Privacy Rights/Privacy Policy. The combined entity has a forecast 2022 revenue of approximately $553m. Privacy Policy and CLAIM THIS BUSINESS 1031 LEGRAND BLVD CHARLESTON, SC 29492 Get Directions (843) 216-8380 www.mvpgroupint.com Business Info Founded 1998 Incorporated KY Annual Revenue $67,100,000.00 Employee Count 900 Industries Candles Contacts Mary V Propes Contact Business Message Send Message Company Summary We want to help you find great companies. Our Promise - The Yankee Candle Fragrance Experience: It's all about your enjoyment of our fragrances. NO spam, we promise, Cedar Balsam, Holiday Deco Collection , 14 oz, Cinnamon Clove, Holiday Deco Collection , 14 oz, Cranberry Plum, Holiday Deco Collection , 14 oz. The. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A recent listing for a full-time candle production position had a starting wage of $8 per hour and required 10- to 12-hour shifts. The plant will be located in an existing 60,000-square-foot facility in Fulton. . The transaction is expected to provide Ascense Brands with approximately $117.5 million in cash proceeds to its balance sheet, assuming no redemptions. "Please give us some help. Support my work with a digital subscription. North Carolina Governor Bev Perdue announced that MVP plans to create 67 or more full-time jobs in the county, with an average annual wage of $28,033 plus benefits. It's what drives us to search the world for fresh inspiration in creating evocative, long-lasting scents that will help make your house feel like home. MCP recently ranked as Graves Countys third-largest private employer, although its employment total sometimes exceeding 200 could vary depending on the economy and seasonal demand for its products, with Christmas being a busy time. Company having money issues and therefore cutting back employment. The Yankee Candle Company. Cape Cod schoolteacher started candle company, Read more:EV charging stations have miles to go in US. -MVP Brands MVP GROUP INTERNATIONAL, INC. in Elkin, NC | Company Info & Reviews Company Information Sponsored Links Contact Information Phone Number: (843) 216-8380 Company Contacts JAMES MATTHEW DILLON General Counsel 430 Gentry Road Elkin, NC 28621 SAMUEL A MOORE Chief Financial Officer 430 Gentry Road Elkin, NC 28621 SEAN A PETERS Chief Executive Officer var postSlot0, postSlot1, postSlot2, postSlot3, postSlot4, postSlot5, postSlot6, postSlot7; We believe that Ascense Brands will become a market leader in the U.S. Air Care private label space with approximately 35% market share and strong growth potential. Ascense Brands intends to leverage Luminexs and GP Globals existing customer relationships to enter new product categories and will continue to capitalize on over 100-year-old brands, Colonial Candle and Candle-lite, in the brick and mortar and digital retail spaces. At the closing of the acquisitions, Ascense Brands brand portfolio, accounting for approximately 55% of its total revenues including well-established heritage brands, will make it one of the top three brand portfolios in Air Care in the multi-outlet channels in the United States. At least eight of the casualties from the Dec. 10 tornadoes were in a candle factory in Western Kentucky where 110 people were working before the storm hit. It is with great privilege that we nurture and maintain these strong relationships while making our clients successful. Select a topic to see what people are saying about different issues Professional development Explore skills and training, pay raises and promotions and management and culture. The company will change its name. The newly formed company intends to earmark the cash for funding growth. 2023 BridgeTower Media. You could be eligible for an incentive with good attendance and work performance Inside the Kentucky candle factory during the tornado from 2 survivors. Wholesale Colonial Candle Shop Spring Tapers Tall and elegant, our traditional taper candles will add beauty and sophistication to all homes. In 2019, Mary V. Propes told a visiting then-Gov. You also have the option to opt-out of these cookies. Candle and Soap Making Kits, The Easiest Way to Start! We design and manufacture various private label and branded candles, candle accessories, home fragrance products, and decorative accessory gift products for major retail customers throughout the world. Past performance is no guarantee of future results. Terms of Service apply. With international and domestic manufacturing facilities and numerous worldwide resources, we are able to combine proven strategies for success that best suit your companys goals and meet your customers expectations. Find 1 listings related to Mvp Candle Factory in Mayfield on YP.com. googletag.enableServices(); These cookies do not store any personal information. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Mayfield Consumer Products is a Kentucky-based, family-owned designer and manufacturer of branded candles and home fragrance products. The transaction values the combined entity at an enterprise value of approximately $507.1 million, with up to approximately $117.5 million in net cash to fund growth. The factory owned by Mayfield Consumer Products, a family-owned business that produces branded candles and home fragrance products was among the hardest hit locations, as tornadoes and severe. Find salaries. Mayfield Consumer Products has been a great employer and strong corporate citizen for the past 20 years, and we are grateful for the companys decision to continue expanding here in Kentucky, then-Kentucky Gov. . Get reviews, hours, directions, coupons and more for Mvp at 430 Gentry Rd, Elkin, NC 28621. Reviews from MVP Candle Factory employees about MVP Candle Factory culture, salaries, benefits, work-life balance, management, job security, and more. Hernandez said he was fired for being overweight after the companys chief financial officer sent out a text message stating: We are working diligently to clean up the epileptic, obese, pregnant, and special needs issues[.]. You may want to try: all MVP Candle Factory reviews in United States (13 reviews) Were grateful to the first responders who heroically assisted our employees following the storm. Where did Kentucky tornadoes hit? Risk warning: onducting operations with non-deliverable over-the-counter instruments are a risky activity and can bring not only profit but also losses. Website (270) 395-0371. "They had some prisoners working there from the Graves County Jail," she told The TODAY Show. According to theOccupational Safety and Health Administration's website,Mayfield Consumer Products had 12 workplace violations at its112 Industrial Drive plant issued on Sept. 4, 2019. Soap Making Supplies. googletag.pubads().enableSingleRequest(); The company opened the Mayfield candle factory as well as other consumer product manufacturers, with operations in different states and related business ventures in China and India. In 1965, Baker died at the age of 94, but her legacy continued under the brand name Colonial Candle. Contact us for any questions or concerns. But Propes, the company CEO,did post a statement on the company's website Saturday evening. Candles. Founder of Colonial Candle. Matt Bevin that the candle factory could not find enough workers to satisfy market demand for its products, according to a story at that time in The Mayfield Messenger. GACQs efforts to identify a prospective target business are not limited to a particular industry or geographic region, although it has focused on operating businesses in the consumer products and services sectors. The citations listed problems with electrical protective equipment; maintenance, safeguards and operational features for exit routes; and personal protective equipment. These documents can be obtained free of charge from the sources indicated above. Instead, the courts said, he should have pursued his grievance through an employment service office, as his labor agreement required. We are committed to that brand. One worker who made it out alive amid the rescue wasKyana Parsons-Perez, a 40-year-old who filmed several videos on Facebook Live as she was trapped under five feet of debris. GACQs stockholders and other interested persons are advised to read, when available, the preliminary proxy statement and the amendments thereto and the definitive proxy statement and documents incorporated by reference therein filed in connection with the proposed business combination, as these materials will contain important information about GACQ, GP Global, Luminex, and the proposed business combination. Read more: EV charging stations have miles to go in US Here's what to know about Mayfield Consumer Products and the deadly destruction of its candle factory. It is one of the world's largest manufacturer of private label scented candles, premium and mid-tier brands such as Colonial. Back then, Cincinnati was known as Porkopolis because so many pigs were slaughtered there each year. Mr. Gautham Pai, GACQs Co-Chairman of the Board, is the indirect sole shareholder of GP Global. Neither MVP Group nor any of its products are affiliated with ATOSA USA, Inc. or its products. MVP recently acquired major gift and home decor manufacturer Midwest-CBK, which includes the Colonial Candle brand.North Carolina Governor Bev Perdue announced that MVP plans to create 67 or more full-time jobs in the county, with an average annual wage of $28,033 plus benefits. More than 90 have now been accounted for, Ferguson said. 2 Close Industry Peers See similar companies for insight and prospecting. call +44 2030978888 support@capital.com, CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A Charleston-based maker of scented candles and other home-fragrance products is looking to enhance its growth by acquiring a Minnesota company. marketing tips, merchandising opportunities, and more! Live updates: Recovery from Kentucky tornadoes is going to be a very long process, A demand for workers, $8 hourly wage: What we know about the Mayfield candle factory. Our products are sold directly to national and international retailers across many diverse multiple channels of distribution. In 2019, the U.S. Occupational Safety and Health Administration inspected the candle factory and issued a report identifying 12 violations, seven of them labeled as serious, carrying a total of $16,350 in fines. "'I'm at work in Mayfield, and we are trapped," she said in a video posted to Facebook posted Friday night. Select from over 115 networks below to view available data about this business. GP Global owns a controlling interest in two private-label manufacturers North Carolina-based MVP Group International and Primacy Industries of India. How the overnight tornado storm compares to Kentuckys deadliest outbreaks, Rubble from overnight tornado in Mayfield, Bowling Green residents left to clean up damages after an overnight tornado, Path of Kentucky tornado: Deadly storm potentially broke this 96-year-old record, At least two dead after Amazon warehouse in Edwardsville collapses during storm, Aerial video of Mayfield destruction caused by tornado. Full-Time Candle Production Positions at Mayfield Choose taper candles of your favorite colors to match your decor. Share your experience to help others. Promptly after filing its definitive proxy statement relating to the proposed business combination with the SEC, GACQ will mail the definitive proxy statement and a proxy card to each stockholder entitled to vote at the special meeting on the business combination and the other proposals. branded candles,, OVERALL PURPOSE/FUNCTION: Candle and Soap Making Kits, The Easiest Way to Start! One of the companies involved in the SPAC merger GP Globals MVP Group currently counts Colonial Candle among its customers. All survived, although one later took the opportunity to escape, and a deputy jailer who was at the factory to monitor the inmates was among the many killed inside the building. GetDirections. KY tornado recovery continues. Help us be the best! One of our biggest problems is labor, and labor is everything, Propes told the governor. Additional national and international brands that will be within its portfolio at closing include Manly Indulgence, CL Co and PartyLite. As of early Saturday, Dec. 11, first responders had only rescued 40 of the workers. By clicking Accept, you consent to the use of ALL the cookies. Graves County Jail inmates working at theMayfield Consumer Products is relatively new. We design and manufacture various private label and branded candles, candle accessories, home fragrance products, and decorative accessory gift products for major retail customers throughout the world. The candle factory was hiring, advertising 10-hour and 12-hour shifts that started at $8 an hour 75 cents more than minimum wage. It designs, manufactures and markets branded candles and home fragrance products. Incorporated in 1998, MVP Group makes candles and decorative gifts for large retailers. The acquisitions have been unanimously approved by the board of directors of GACQ, GP Global, Luminex and are expected to close in early 2022, subject to regulatory and stockholder approvals and other customary closing conditions. … We are trapped. -And more coming soon! If you rely on the information on this page then you do so entirely on your own risk. Capital Com SV Investments Limited is regulated by Cyprus Securities and Exchange Commission (CySEC) under license number 319/17. 351 were here. GACQs, GP Globals, and Luminexs actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Your prayers are needed and appreciated.". Bob Ferguson, a spokesman for the candle factory company said Monday all 110 workers in the factory had been accounted for, with eight confirmed deaths and 102 survivors. Hours before the tornado hit the candle factory, the company posted on its Facebook pageFriday afternoon that it was looking to hire employees. There were 110 peopleinside the candle factory at 112 IndustrialDrive in Mayfieldwhen the tornado hit. Today, PartyLites line of candles and home dcor products are sold directly to consumers in 19 countries, both online and by 45,000 independent consultants who move the goods at direct-selling parties.
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